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Ruffer provides investment management services for institutions, pension funds, charities, financial planners and individual investors.
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Directions | Map +44 (0)20 7963 8100
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Ajay Johal
Ben Crawfurd-Porter
Bobby Powar
Duncan MacInnes
Edward Donati
Fiona Ker
Henry Maxey
Ian Rees
James Fouracre
Jamie Dannhauser
Marnoch Aston
Oliver Shale
Rory McIvor
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Inflation volatility demands investors think differently
The asset management industry has operated in a disinflationary world for 40 years – a world where capital takes the spoils. If labour is to become more dominant, what does that mean for asset allocation? Investment Manager Fiona Ker discusses inflation volatility with the Portfolio Construction Forum.
Fiona Ker
17 mins | Market views
The Hemingway recession
In every market cycle comes a moment when investors, en masse, face a shocking revelation – when the improbable becomes unwelcome reality. Our fear is that we are fast approaching such a moment. Here, Economist Jamie Dannhauser discusses the fragility of today’s financial system, the likelihood of recession and the inability of central banks to remedy the inflation problem without significant cost for investors.
Jamie Dannhauser
18 mins | Market views
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Winning by not losing
Investment Manager Fiona Ker and James Dunn from The Inside Network discuss Ruffer’s outlook for markets in 2023 and beyond.
Fiona Ker
9 mins | Market views
Career-ing into liquidation
The rapid demise of Silicon Valley Bank – the second-largest US bank failure in history – has caught markets by surprise. While we don’t expect a repeat of the 2008 global financial crisis, dismissing the broader risks to the financial system would be a mistake. Higher interest rates are stressing the system. But it is career risk that could drive us towards a liquidation crisis. 
Henry Maxey
3 mins | Market views
The dangers of dancing
In the March edition of Duncan MacInnes' Citywire column, he discusses how Investors are being lured back onto the dance floor by the siren song of Fomo, just when the music could be about to stop.
Duncan MacInnes
9 mins | Market views
The inflation mirage
At some point this year, inflation will probably fall. But it is likely to be a temporary dip as we enter an era of higher and more volatile inflation. We believe this calls for an active investment approach with a focus on liquidity.
Ajay Johal
3 mins | Market views
The DC correlation conundrum
DC pension schemes are beginning to allocate more to illiquid assets – looking beyond conventional asset classes to achieve real capital growth over the long-term. Here we look at how DC schemes should best complement illiquid assets with an uncorrelated, liquid, and diversified strategy.
James Fouracre
5 mins | Market views
The case for cash
Holding cash is not usually considered a courageous move by active investors. But here, Duncan MacInnes suggests that at times, a high cash allocation is in fact an act of bravery. And now, more than ever, breaking convention may be crucial for investors.
Duncan MacInnes
10 mins | Market views
Cash is trash, or is it?
In the October edition of Duncan MacInnes' Citywire column, he explains why Ruffer is sitting on the highest cash weighting in its history.
Duncan MacInnes
8 mins | Market views
Lessons for DC schemes from the LDI crisis
DC schemes and their investors can take some crucial lessons from recent whipsaws in the UK government bond market.
James Fouracre
5 mins | Market views
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